Quarterly ResultApr 29, 2026, 04:45 PM
CP Q1 Revenue $3.7B, EPS $0.94; Volumes +2%
AI Summary
Canadian Pacific Kansas City (CPKC) reported first-quarter 2026 results with revenues decreasing 2% to $3.7 billion and diluted EPS falling 3% to $0.94. Core adjusted diluted EPS was $1.04, a 2% decrease. Despite ongoing market and macroeconomic headwinds, the company achieved a 2% increase in Revenue Ton-Miles and maintained its full-year guidance, citing resilient performance and the competitive advantage of its North American network.
Key Highlights
- CP Q1 2026 revenues decreased 2% to $3.7 billion.
- Diluted EPS decreased 3% to $0.94.
- Core adjusted diluted EPS decreased 2% to $1.04.
- Volumes, measured in Revenue Ton-Miles, increased 2%.
- Reported operating ratio increased 70 bps to 66.0%.
- Core adjusted operating ratio increased 50 bps to 63.0%.
- Company reaffirmed its full-year guidance.